car finance... can i get out of it?

[Tillymintsmama]

Basically ive got "buyers remorse", hate the bloody car and I'm only 4 months into a PCP deal for a brand new car. I wish I'd just bought a 2nd hand one. I have heard of "voluntary termination"...Is this the only way out of it?

The details will be in your contract.
You should be able to end it early, but you will have to pay back the negative equity. As the largest depreciation is when you drive a brand new car away, that's going to be big. You should be able to contact them to find out how much.

Normally you can only send it back once you've paid half the agreement, so a long way off yet unfortunately.

You could always talk to the dealer to see if you can swap to another car but I don't know if this is possible and would expect that it would be costly.

Check your contract, but as advised the norm is you can only cancel penalty free after half the term.

Thanks, I'm not sure I'm reading contract right. It appears after I've paid 50%, I.e. in Feb 2018 I could give car back. Ah well... worse things happen at sea. Never buying a new car again!!!